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Bitcoin Price Crashes

Beardydog writes "Bitcoin trading site MtGox.com has suspended operations for the rest of the day after illicit access to at least one account resulted in a steep drop in the price of Bitcoins on the site. Commenters to the support page for the event are reporting that a list of usernames and associated email addresses and password hashes have been posted online. MtGox are currently planning to roll back all of the day's trading, email notices to all affected users, and require replacement passwords for affected accounts."

3 of 642 comments (clear)

  1. Re:Bigoted much? by Dunbal · · Score: -1, Offtopic

    This is untrue, if you actually examine the world people, on average are VERY CLEVER.

    No, on average, people are around average intelligence. This is what gives the bell curve its characteristic shape. If you define smart to be "above average", ie somewhere to the right of the 50% line, then BY DEFINITION most people are stupid.

    If you happen to be bless/cursed with an intelligence that puts you on the far right of the curve, life is extremely frustrating because almost everyone is a moron.

    I will leave you to re-interpret your post. Or, more likely, not.

    --
    Seven puppies were harmed during the making of this post.
  2. Re:Bigoted much? by Alex+Belits · · Score: 0, Offtopic

    Oh, most people are stupid. However most stupid people realize that they should not try to do things they don't understand, therefore they rely on smart and competent people, so almost everyone ends up doing something that makes sense.

    Now, in US people are convinced that they are all smarter than the rest, so stupid people act as if they are smart, and only listen to those who pander to their views and beliefs, no matter how stupid. For a while the rest of the world was completely stumped by this display of stupidity, however now everyone (but Americans) realized that this is just stupid people being stupid, less stupid people exploiting this stupidity, and smart people just standing around, rolling their eyes, and waiting for this Jenga tower of stupidity to fall.

    --
    Contrary to the popular belief, there indeed is no God.
  3. Re:Bigoted much? by Xtifr · · Score: -1, Offtopic

    If "people" were stupid our species would have been wiped out long ago.

    The same way oysters, potatoes, slime molds and lichen have all been wiped out? I mean it's clear that intelligence is the only way for a species to survive. That's why the cockroaches went extinct 200 million years ago.

    Honestly, I think the jury's still out on whether intelligence is a survival trait or not, in the long run. :)